Invesco Ltd. Increases Stock Position in MFS Charter Income Trust (NYSE:MCR)

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Invesco Ltd. raised its stake in MFS Charter Income Trust (NYSE:MCR – Free Report) by 10.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 567,652 shares of the financial services provider’s stock after purchasing an additional 53,369 shares during the period. Invesco Ltd.’s [...]

Invesco Ltd. raised its stake in MFS Charter Income Trust (NYSE:MCR – Free Report) by 10.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).

The fund owned 567,652 shares of the financial services provider’s stock after purchasing an additional 53,369 shares during the period. Invesco Ltd.’s holdings in MFS Charter Income Trust were worth $3,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).



A number of other large investors have also added to or reduced their stakes in MCR. Melfa Wealth Management Inc. purchased a new stake in shares of MFS Charter Income Trust during the 4th quarter valued at $129,000.

Riverbridge Partners LLC lifted its holdings in shares of MFS Charter Income Trust by 124.5% in the 4th quarter. Riverbridge Partners LLC now owns 86,396 shares of the financial services provider’s stock valued at $551,000 after buying an additional 47,909 shares during the period.

Strategic Financial Concepts LLC purchased a new stake in MFS Charter Income Trust in the 4th quarter worth approximately $265,000. Allspring Global Investments Holdings LLC boosted its holdings in MFS Charter Income Trust by 7.4% during the fourth quarter.

Allspring Global Investments Holdings LLC now owns 1,773,447 shares of the financial services provider’s stock worth $11,315,000 after buying an additional 122,018 shares in the last quarter. Finally, GraniteShares Advisors LLC purchased a new stake in shares of MFS Charter Income Trust during the 4th quarter worth about $2,464,000. MFS Charter Income Trust Stock PerformanceMFS Charter Income Trust stock opened at $6.

11 on Monday. The business has a 50 day simple moving average of $6.21 and a 200-day simple moving average of $6.

29. MFS Charter Income Trust has a 12 month low of $5.57 and a 12 month high of $6.

58. MFS Charter Income Trust Cuts DividendThe business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be given a dividend of $0.

0448 per share. The ex-dividend date is Tuesday, April 15th. This represents a $0.

54 annualized dividend and a dividend yield of 8.80%. MFS Charter Income Trust Profile (Free Report)MFS Charter Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company.

The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S.

or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed, and other asset-backed securities of U.

S.Read MoreFive stocks we like better than MFS Charter Income TrustHigh Dividend REITs: Are They an Ideal Way to Diversify?Texas Instruments: Earnings Beat, Upbeat Guidance Fuel RecoveryHow to Buy Cheap Stocks Step by StepO’Reilly Automotive: An Anytime Buy for Buy-and-Hold InvestorsShort Selling – The Pros and Cons Chipotle Mexican Grill Serves Smoking Hot Entry Point in Q2Want to see what other hedge funds are holding MCR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MFS Charter Income Trust (NYSE:MCR – Free Report).

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